Below are some of the funds that I monitored using fundprice.com.my. The Far-East /Middle East related funds really took a hit. It was one of the high performers together with China as they are considered as "Emerging Markets". Some of the funds lose like 2-3 cents in just a few weeks. Ouch..

Funds are slow to move up, it just took a little sneeze from Dubai to spark the rapid downtrend. Nevertheless, for long term, mutual funds will inevitably outperform fixed deposit rates. Provided of course, dollar-averaging is done diligently and with the utmost discipline.